Turbo Energy reported total assets of $25.90M and total liabilities of $19.59M for the quarter ended Jun 2026, up 143.6% year over year. This balance sheet covers 8 quarters of results from Dec 2022 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance SheetBalance Sheet | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Jun2025 | Dec2025 | Jun2026 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Current Assets | ||||||||
| Cash & EquivalentsCash & Equiv. | 0.54M | 0.54M | 0.69M | 0.53M | 2.48M | 1.60M | 0.58M | 0.58M |
| Cash & Current Investments | 0.54M | 0.54M | 0.69M | 0.53M | 2.48M | 1.60M | 0.58M | 0.58M |
| Receivables - NetNet Receivables | 3.34M | 1.88M | 2.46M | 1.35M | 3.04M | 1.16M | 2.04M | 3.74M |
| Receivables - OtherOther Receivables | 0.04M | 0.06M | 0.10M | 0.03M | 0.04M | 0.04M | 0.04M | 0.04M |
| Receivables | 3.39M | 1.95M | 2.56M | 1.38M | 3.09M | 1.21M | 2.08M | 3.78M |
| Inventory | 10.77M | 9.50M | 6.18M | 2.86M | 2.03M | 3.04M | 4.05M | 5.52M |
| Prepaid Assets | 0.78M | 0.99M | 1.16M | 1.33M | 1.06M | 1.88M | 4.28M | 4.24M |
| Current Assets | 15.59M | 13.45M | 14.52M | 7.94M | 8.93M | 8.34M | 23.26M | 20.90M |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.16M | 0.17M | 0.18M | 0.17M | 0.28M | 0.32M | 0.25M | 0.23M |
| Long-Term Investments | 2.26M | 1.66M | 0.05M | 0.06M | 0.04M | 0.04M | ||
| Intangibles | 0.39M | 0.61M | 0.92M | 1.33M | 1.78M | |||
| Goodwill & Intangibles | 0.39M | 0.61M | 0.92M | 1.33M | 1.78M | 2.48M | 2.47M | 2.15M |
| Long-Term Deferred Tax | 0.45M | 1.17M | 1.13M | 2.13M | 2.39M | 2.67M | 2.60M | |
| Non-Current Assets | 0.65M | 0.86M | 2.33M | 2.70M | 4.23M | 5.24M | 5.42M | 5.00M |
| Assets | 16.24M | 14.31M | 16.85M | 10.63M | 13.16M | 13.58M | 28.67M | 25.90M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payables | 2.57M | 2.28M | 2.04M | 1.79M | 2.11M | 2.21M | 14.50M | 6.25M |
| Notes Payables | 8.54M | 3.95M | 4.31M | 3.01M | 4.55M | 5.34M | 5.30M | 1.34M |
| Payables | 11.11M | 6.23M | 6.36M | 4.79M | 6.65M | 7.55M | 19.80M | 7.60M |
| Accumulated Expenses | 2.83M | 2.42M | 2.26M | 2.20M | 3.03M | 2.55M | 14.86M | 7.82M |
| Other Accumulated Expenses | 4.13M | 0.13M | 0.11M | 0.19M | 0.05M | 0.10M | 0.03M | |
| Short term Debt | 0.10M | 0.30M | 0.30M | 0.29M | ||||
| Current Leases | 0.06M | 0.06M | 0.04M | 0.06M | 0.03M | 0.02M | 0.01M | 0.01M |
| Total Current Liabilities | 11.68M | 10.57M | 10.87M | 5.31M | 9.59M | 9.48M | 24.33M | 13.42M |
| Non-Current Liabilities | ||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.04M | 0.04M | 0.03M | 0.04M | 0.04M | 0.03M | ||
| Operating Leases | 0.04M | 0.02M | 0.02M | 0.01M | 0.00M | 0.02M | 0.01M | 0.01M |
| Total Liabilities | 12.07M | 10.81M | 11.04M | 8.03M | 10.43M | 12.06M | 26.80M | 19.59M |
| Shareholder's Equity | ||||||||
| Total Debt | 8.89M | 0.23M | 4.42M | 3.01M | 4.64M | 5.64M | 5.60M | 5.55M |
| Common Equity | 4.17M | 3.50M | 5.82M | 2.60M | 2.73M | 1.51M | 1.88M | 6.30M |
| Liabilities and Shareholders Equity | 16.24M | 14.31M | 16.85M | 10.63M | 13.16M | 13.58M | 28.67M | 25.90M |
| Retained Earnings | 1.10M | -0.76M | -2.23M | -5.22M | -5.57M | -7.91M | -7.64M | -7.36M |
Pull Turbo Energy's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=TURB&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "TURB", "statement": "BS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=TURB&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();